USAA, Nationwide, and GEICO are the cheapest full coverage car policy companies among major national insurers, according to the latest Carinsurance.com pace analysis. overall, Concord General Insurance has the cheap for full moon coverage, but you may have trouble oneself getting a policy with that company if you don ’ t live in New England. Here are national average auto insurance rates by company, for full coverage, based on CarInsurance.com data:
|
Company |
Avg. Total Premium |
Avg. Monthly Premium |
|---|---|---|
| 21st Century Centennial Ins Co | $1,398 | $116 |
| AAA | $2,056 | $171 |
| Alliance United | $2,062 | $172 |
| Allied | $1,297 | $108 |
| Allstate | $1,801 | $150 |
| Alpha | $2,949 | $246 |
| AMCO | $877 | $73 |
| American Family | $1,197 | $100 |
| American Mercury | $1,222 | $102 |
| Artisan & Truckers Casualty | $1,300 | $108 |
| Auto-Owners Insurance | $1,360 | $113 |
| Bristol West | $2,694 | $225 |
| California Capital | $2,000 | $167 |
| Colonial County Mutual | $1,273 | $106 |
| Commerce | $1,148 | $96 |
| Concord General Mutual | $724 | $60 |
| Encompass | $2,899 | $242 |
| Erie | $1,188 | $99 |
| Farmers | $1,946 | $162 |
| Financial Independence | $1,935 | $161 |
| Foremost | $2,457 | $205 |
| GEICO | $1,126 | $94 |
| Hartford Underwriters | $2,227 | $186 |
| Illinois Farmers | $1,623 | $135 |
| Interinsurance Exchange | $2,192 | $183 |
| Kemper Independence | $1,372 | $114 |
| Main Street American | $1,349 | $112 |
| Meemic | $1,195 | $100 |
| MemberSelect | $1,792 | $149 |
| Mercury | $1,858 | $155 |
| Metropolitan Lloyds | $2,133 | $178 |
| Metropolitan | $2,072 | $173 |
| Mid-Century | $1,855 | $155 |
| Nationwide | $1,108 | $92 |
| Nevada Capital | $1,126 | $94 |
| Progressive | $1,448 | $121 |
| Security National | $3,110 | $259 |
| St. Paul Protective | $1,156 | $96 |
| Standard Fire | $1,164 | $97 |
| State Farm | $1,273 | $106 |
| Travelers | $1,327 | $111 |
| Truck Insurance Exchange | $1,249 | $104 |
| Trumbull | $1,253 | $104 |
| United Financial | $1,096 | $91 |
| USAA | $910 | $76 |
What is full coverage auto insurance?
Full coverage car policy includes liability, comprehensive, and collision coverage. In many cases, a full coverage insurance policy besides includes uninsured/underinsured motorist coverage. Uninsured motorist coverage helps you if the early driver doesn ’ triiodothyronine have coverage and underinsured motorist coverage chips in if the other driver doesn ’ triiodothyronine have enough coverage to reimburse for wrong and injuries. Approximately 80% of American drivers have full coverage insurance, according to the Insurance Information Institute. “ Full coverage refers to an car policy that has both liability — damage you may cause with your fomite — and physical damage, meaning damage to your car, ” explains Richard Estrella, director of Operations at Miami-based Estrella Insurance. The components of a full coverage policy and what they do include:
- Liability coverage, which is required to drive in most states. Liability insurance covers damage and injuries you cause to others up to the amount you choose
- Comprehensive and collision coverage, which are optional, pay out up to the cash value of your vehicle minus your deductible. Comprehensive coverage pays to replace your car if it’s stolen and pays for damages from fallen objects, like a tree, and from fire, floods, animal strikes, and vandalism. Collision coverage pays to repair your car if you’re in an accident that’s your fault.
The average cost for collision is $526, comprehensive is $192 annually, according to CarInsurance.com rate data. Mark Friedlander, director of Corporate Communications for the Insurance Information Institute in St. Johns, Florida, says full moon coverage policies typically have higher liability limits than state minimal requirements .
Recommended liability coverage limits
Auto insurance experts recommend drivers get more than the state minimums for liability policy. Liability limits are normally written like this : 100/300/100. Experts recommend at least:
- Bodily injury coverage of at least $100,000 per person for those you injure in an accident
- Bodily injury coverage of at least $300,000 per accident for others’ injuries overall
- Property damage coverage of at least $100,000 per accident
Going with state of matter minimal indebtedness coverage is a way to get brassy car insurance, but you want to make certain you have enough coverage to protect you and your finances if you get into an accident .
Cheapest full coverage auto insurance companies
Let ’ s look at the car insurers with the cheapest broad coverage indemnity rates. Whether they ’ re the best car policy companies for you depends on your specific driver profile and what you want from a cable car insurance policy. therefore, it ’ randomness best to compare multiple insurers and get quotes from each of them preferably than choosing a company entirely on name recognition .
Concord General Mutual
CarInsurance.com conducted a rate evaluation in 2021 and determined that this car policy company offers the least expensive full coverage car policy based on monthly premiums : only $ 60. Concord General Mutual international relations and security network ’ t a national company, though. The indemnity may be available to you if you live in Maine, Massachusetts, New Hampshire, or Vermont. Concord General Mutual ’ s parent company received an A fink from AM Best. Its customer servicing and claims handling departments have leading reputations, and the carrier has been honored with several honors and awards over the last decade. Concord offers full coverage policy a well as extra coverages, such as accident forgiveness, loan gap/lease gap coverage, wayside aid, and personal car coverage enhancements, which includes new car successor coverage and lost earnings coverage for time spent in court concerning a car accident .
AMCO
AMCO boasts the second base brassy car indemnity bounty rate based on our 2021 analysis : merely $ 73 a month. exchangeable to Concord General Mutual, most Americans don ’ deoxythymidine monophosphate have entree to an AMCO policy. In occupation since 1987, this regional insurance company covering areas of Texas offers an array of available coverage options, from fully coverage car and motorbike insurance to renters and homeowners insurance. The insurance provider besides boasts personalized insurance premiums, non-owner liability policy, and emergency wayside aid .
USAA
USAA is the cheapest car indemnity company found in all 50 states. You ‘ll pay ampere little as $ 76 monthly on average by opting for USAA full coverage car policy. however, you can only qualify for coverage with this carrier if you ’ re an active-duty military member, seasoned, or a member of their syndicate. USAA coverage is available in all 50 states, and a wide variety of discounts are available, such as loyalty, multi-policy ( 10 % ), claims-free ( up to 10 % ), and fire/burglar alarm. USAA comes highly rated, earning A++ ratings from AM Best, and a # 1 rat from JD Power based on overall customer satisfaction, lowest annual shopping rate for existing customers, and price satisfaction .
United Financial
United Financial charges $ 91 monthly for full coverage car policy on modal, per our latest industry evaluation. Founded in 1984 and based in Cleveland, United Financial is a progressive company known primarily for handling Progressive ‘s commercial car and clientele indemnity lines. Progressive is the nation ‘s largest commercial car insurance company based on market share. however, this is a regional insurance company, so you ‘ll need to live in Florida to get coverage through United Financial .
Nationwide
It ‘s possible to choose a large carrier available in most states in the US and still pay less for car insurance. Nationwide ‘s monthly check for broad coverage insurance is adenine low as $ 92 on modal. This insurance company offers multiple discounts, including low-mileage, anti-theft, safe driver, defensive drive, easy pay signup, good scholar, accident-free, and multi-policy. Rest assured that it comes highly rated, besides, earning an A+ from the Better Business Bureau and AM Best .
GEICO
One of the most know insurers ( and the second-largest US car insurance company ), GEICO provides full coverage car insurance for a little as $ 94 monthly on average. You may qualify for discounts based on vehicle equipment, driving history and habits, driver ‘s education, driver affiliations, and customer loyalty. research shows that most consumers are likely to refer family and friends to GEICO. This carrier besides gets high marks for customer serve, claims treatment, and customer loyalty .
How much is full coverage car insurance?
Full coverage car insurance costs, on average, $1,457, or $121 monthly. Friedlander says car policy premiums for full coverage change by state because of different regulations, accident rates, and geographic factors. They besides vary based on the driver. “ Rates vary depending on more than a twelve individual denounce factors, including drive vehicle record, claim history, name and model of vehicle, coverages and deductibles chosen, how many miles you drive per year, historic period, sex, marital status, and your credit-based policy sexual conquest, ” Friedlander says. Below you’ll see full coverage car insurance costs by state
|
State |
Avg. Total Premium |
Avg. Monthly Premium |
|---|---|---|
| Alaska | $1,236 | $103 |
| Alabama | $1,485 | $124 |
| Arkansas | $1,485 | $124 |
| Arizona | $1,453 | $121 |
| California | $2,001 | $167 |
| Colorado | $1,941 | $162 |
| Connecticut | $1,436 | $120 |
| District of Columbia | $1,679 | $140 |
| Delaware | $1,560 | $130 |
| Florida | $2,192 | $183 |
| Georgia | $1,638 | $137 |
| Hawaii | $1,067 | $89 |
| Iowa | $1,127 | $94 |
| Idaho | $980 | $82 |
| Illinois | $1,542 | $128 |
| Indiana | $1,262 | $105 |
| Kansas | $1,426 | $119 |
| Kentucky | $1,318 | $110 |
| Louisiana | $2,969 | $247 |
| Massachusetts | $1,382 | $115 |
| Maryland | $1,371 | $114 |
| Maine | $964 | $80 |
| Michigan | $1,563 | $130 |
| Minnesota | $1,185 | $99 |
| Missouri | $1,644 | $137 |
| Mississippi | $1,448 | $121 |
| Montana | $1,588 | $132 |
| North Carolina | $1,319 | $110 |
| North Dakota | $1,166 | $97 |
| Nebraska | $1,761 | $147 |
| New Hampshire | $965 | $80 |
| New Jersey | $1,579 | $132 |
| New Mexico | $1,447 | $121 |
| Nevada | $1,625 | $135 |
| New York | $1,540 | $128 |
| Ohio | $960 | $80 |
| Oklahoma | $1,674 | $139 |
| Oregon | $1,153 | $96 |
| Pennyslvania | $1,277 | $106 |
| Rhode Island | $1,786 | $149 |
| South Carolina | $1,473 | $123 |
| South Dakota | $1,501 | $125 |
| Tennessee | $1,236 | $103 |
| Texas | $1,747 | $146 |
| Utah | $1,529 | $127 |
| Virginia | $1,139 | $95 |
| Vermont | $1,065 | $89 |
| Washington | $1,157 | $96 |
| Wisconsion | $1,211 | $101 |
| West Virginia | $1,311 | $109 |
| Wyoming | $1,722 | $144 |
| National average | $1,457 | $121 |
Ways to find cheap full coverage insurance
Comparison denounce is the best way to save on car insurance, whether you ‘re looking for wide coverage car policy quotes or minimal coverage required. No two car insurance provider have identical prices for the lapp policy. alternatively, costs vary significantly from one company to another. That ‘s why comparing rates is one of the best ways to save on coverage. “ We recommend you get a minimum of three quotes from a mix of national and regional carriers to compare prices, ” Friedlander suggests. “ You can besides lower your car policy rates by raising your deductible on comprehensive and collision coverages and bundling your coverage by taking advantage of multi-policy discounts. ” When shopping for a policy, remember to:
- Compare the same deductible amounts.
- Be sure liability limits are identical when comparing rates.
- See what add-on coverages are available and if there are restrictions or costs associated with these. Examples include roadside assistance.
- Always use the same core information, such as the same list of drivers.
- Make sure you get all the auto insurance discounts that you’re eligible to receive.
- Compare full coverage car insurance quotes from at least three insurance car companies to see which is the cheapest.
- Maintain good credit (bad credit can increase rates more than an accident).
Shop around each renewal or every other renewal
Estrella recommends drivers get quotes from insurers every reclamation period or every early refilling time period. “ Remember, besides, that insurance companies sometimes adjust their premiums several times a year and typically never less than once a year. Therefore, it ‘s very potential that your insurance company, which may have been the cheap at the time you purchased coverage, is now more expensive, ” Estrella says. Below you ‘ll see how much the average driver can save by comparing full coverage car indemnity quotes. The table shows department of state car insurance rates for a distinctive driver with full coverage, and the difference between the highest and lowest median quotes for the lapp policy. The amount you can save varies by state, but overall, here are key findings:
- The average savings nationwide after comparing car insurance quotes for full coverage is $1,457 a year.
- The average percentage savings is 382% a year.
|
State |
Avg. Premium |
Highest Premium |
Lowest premium |
$ Savings |
% Savings |
|---|---|---|---|---|---|
| New York | $1,540 | $7,828 | $529 | $7,299 | 1380.00% |
| Michigan | $1,563 | $7,364 | $828 | $6,536 | 789.37% |
| Massachusetts | $1,382 | $3,283 | $411 | $2,872 | 698.78% |
| Nebraska | $1,761 | $6,107 | $769 | $5,338 | 694.15% |
| Missouri | $1,644 | $5,548 | $700 | $4,848 | 692.57% |
| Illinois | $1,542 | $4,780 | $612 | $4,168 | 681.05% |
| Utah | $1,529 | $4,645 | $616 | $4,029 | 654.06% |
| Wisconsin | $1,211 | $3,602 | $494 | $3,108 | 629.15% |
| Pennsylvania | $1,277 | $4,688 | $652 | $4,036 | 619.02% |
| Kentucky | $1,318 | $3,318 | $534 | $2,784 | 521.35% |
| Indiana | $1,262 | $3,372 | $544 | $2,828 | 519.85% |
| Washington | $1,157 | $3,360 | $549 | $2,811 | 512.02% |
| Louisiana | $2,969 | $5,958 | $985 | $4,973 | 504.87% |
| Nevada | $1,625 | $4,025 | $726 | $3,299 | 454.41% |
| Montana | $1,588 | $2,700 | $491 | $2,209 | 449.90% |
| South Carolina | $1,473 | $4,433 | $843 | $3,590 | 425.86% |
| Rhode Island | $1,786 | $3,780 | $755 | $3,025 | 400.66% |
| North Dakota | $1,166 | $2,370 | $490 | $1,880 | 383.67% |
| District of Columbia | $1,679 | $3,548 | $762 | $2,786 | 365.62% |
| Colorado | $1,941 | $4,205 | $913 | $3,292 | 360.57% |
| Virginia | $1,139 | $2,691 | $597 | $2,094 | 350.75% |
| New Jersey | $1,579 | $3,270 | $735 | $2,535 | 344.90% |
| Arizona | $1,453 | $3,250 | $734 | $2,516 | 342.78% |
| Maryland | $1,371 | $2,888 | $654 | $2,234 | 341.59% |
| Maine | $964 | $2,373 | $571 | $1,802 | 315.59% |
| Florida | $2,192 | $4,247 | $1,055 | $3,192 | 302.56% |
| Oklahoma | $1,674 | $3,246 | $825 | $2,421 | 293.45% |
| Delaware | $1,560 | $3,074 | $787 | $2,287 | 290.60% |
| Arkansas | $1,485 | $3,236 | $835 | $2,401 | 287.54% |
| California | $2,001 | $3,472 | $896 | $2,576 | 287.50% |
| Ohio | $960 | $1,786 | $483 | $1,303 | 269.77% |
| Mississippi | $1,448 | $2,500 | $685 | $1,815 | 264.96% |
| Texas | $1,747 | $3,486 | $979 | $2,507 | 256.08% |
| Alabama | $1,485 | $2,797 | $786 | $2,011 | 255.85% |
| North Carolina | $1,319 | $2,240 | $659 | $1,581 | 239.91% |
| Kansas | $1,426 | $2,467 | $726 | $1,741 | 239.81% |
| Idaho | $980 | $1,754 | $519 | $1,235 | 237.96% |
| West Virginia | $1,311 | $2,321 | $690 | $1,631 | 236.38% |
| South Dakota | $1,501 | $2,698 | $812 | $1,886 | 232.27% |
| New Mexico | $1,447 | $2,522 | $779 | $1,743 | 223.75% |
| Georgia | $1,638 | $3,110 | $975 | $2,135 | 218.97% |
| Iowa | $1,127 | $2,216 | $696 | $1,520 | 218.39% |
| Oregon | $1,153 | $2,250 | $708 | $1,542 | 217.80% |
| Vermont | $1,065 | $1,722 | $555 | $1,167 | 210.27% |
| Connecticut | $1,436 | $2,444 | $794 | $1,650 | 207.81% |
| Wyoming | $1,722 | $2,567 | $844 | $1,723 | 204.15% |
| Minnesota | $1,185 | $1,964 | $646 | $1,318 | 204.02% |
| Tennessee | $1,236 | $2,061 | $705 | $1,356 | 192.34% |
| Alasksa | $1,236 | $2,026 | $725 | $1,301 | 179.45% |
| New Hampshire | $965 | $1,650 | $595 | $1,055 | 177.31% |
| Hawaii | $1,067 | $1,476 | $772 | $704 | 91.19% |
| National average | $1,457 | $3,308 | $706 | $2,602 | 382% |
How much more does full coverage cost compared to liability only?
It costs about $ 100 more a calendar month to increase your protection from state-required minimums to broad coverage. typically, buying higher indebtedness limits does n’t cost that much more. Consider the following, based on CarInsurance.com’s analysis of rates from up to six major insurers for nearly all ZIP codes:
- The nationwide average cost for state minimum liability coverage is $573.
- If you increase that to $100,000/$300,000/$100,000 with comprehensive and collision and a $500 deductible, that average goes up to $1,457.
- So, it only costs less than $1,000 more per year.
Is full coverage auto insurance best for you?
When you shop for a car indemnity policy, you have to decide how much coverage you need. The decision may not be up to you if you lease or owe on a loan for your car. Most lenders require that you buy wide coverage — a liability policy with comprehensive and collision indemnity. still, opting for full coverage makes sense financially unless you drive an previous car that ‘s not worth much or have no assets to protect. “ The best candidates for full coverage car policy are those who have a fomite that is distillery worth covering in full because the cost of repairing it or replacing it would be financially unmanageable, ” says Estrella .
How much liability coverage do you need?
not certain what to choose ? Here are possible liability limits based on your net worth:
- Net worth less than $50,000 – choose at least 50/100/50
- Between $50,000 and $100,000 – choose at least 100/300/100
- More than $100,000 – choose at least 250/500/100
Do you need comprehensive and collision coverage?
Comprehensive and collision merely pay out up to the actual cash prize of your car, minus a deductible you pay first gear. That ‘s why these coverages may be unnecessary if the vehicle is previous and has little value. Coverage recommendations for collision and comprehensive:
- If your car is less than 10 years old, you should consider buying collision and comprehensive.
- If your car is more than 10 years old, buy collision and comprehensive if your car is worth $4,000 or more.
- Buy collision and comprehensive if you can’t afford to replace it if you get into an accident.
- Buy comprehensive if you live in an area prone to hail, flooding, vandalism, animal strikes, or theft.
Full coverage car insurance calculator
We ‘ve highlighted average costs for entire coverage based on a driver profile, but if you want to get a custom-make cost for a policy, use our car insurance calculator tool to see what you can expect to pay. In five easy steps, you can get quick indemnity estimates for your car by using this calculator that provides rates for three coverage levels based on your personal profile .
Frequently Asked Questions
This refers to a policy that divides the policy premium by the terminus of the policy, which is typically six months but can be up to a class, according to Estrella. technically, you can ’ deoxythymidine monophosphate purchase wide coverage policy with no money down, but some insurers will allow you to pay just the first calendar month ‘s agio to initiate coverage.
Full coverage indemnity includes coverage for indebtedness, comprehensive, and collision. It protects you from damage you cause with your vehicle arsenic well as price sustained by your vehicle.
Minimum, or basic, car indemnity includes at least liability protective covering, which is mandated in most states. however, some states require you to besides have uninsured/underinsured protective covering and comprehensive examination coverage. Full coverage car insurance includes all of these coverages a well as collision coverage.
You stand a better luck of getting a lower quote on car policy premiums with an insurance company if you have a clean driving record, live in a department of state where it is less expensive to insure drivers, have a fomite that is less expensive to insure, drive lower miles annually, have a higher credit-based insurance grade, and qualify for discounts such as having multiple policies with the same carrier, being a safe driver, taking a defensive driver course, and being a firm customer .